Sep 26, 2012 6:00pm EDT
. >>> seconds away on the "kudlow report," mitt romney's dialing down tax cuts. it is a huge mistake. more troubles and violence in spain and greece. why is everyone attacking and trying to deny his first amendment free speech right? "kudlow report" is moments away. >>> that was one tough atonement session. i like to say there's a bull market somewhere, i promise to try to find it for you here on "mad money." i'm jim cramer and i'll see you tomorrow. hey, larry, what do you have for us? >> all right, jimmy, mitt romney pulling back on his tax cuts. i have three words for that. wrong, wrong, and wrong. good evening, everyone, i'm larry kudlow, this is the "kudlow report." mitt romney and president obama both hit the trail today as they battle through the key swing state of ohio. but incredibly, romney dialed back his position on tax cuts today. take a listen. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> no meant no. wrong idea. people need a tax break. middle class people need a tax break. i said on this show and wrote i
Sep 25, 2012 6:00pm EDT
the obopportunities that are out there. some of the bears are saying, the stock went down today. i think to get the ceo on. to answer these things is better than to say is romney going to create jobs. they did say listen, the bears are going to be mature and saturated. >> when you get on pay roll, we sell you the other products. that is still the both engine and we have a sales force that we are going to do it. >> i have a couple of businesses that i use paychecks. they are saying the same things. i don't want to hire anybody. i'm stopping that. is that part of the problem? people who would put someone on the pay roll to do something and they are the ones holding back or someone needing a loan that is not getting it that is holding back? we don't feel there is much holding back. i think that the election as we talked before is going to put a damper on things until small business, health care is headed and the consumer confidence numbers this morning. that is all driving small business. we feel pretty good that after the election. maybe we will pick up real speed. >> if you come in, let's say, l
Sep 25, 2012 11:00pm EDT
that are out there. >> now, some of the bears are saying -- i hate to focus on the bear. the stock went down today and to get the ceo on, to answer these things is a lot better than just saying, hey, listen, when is obama going to create jobs or is romney going to create jobs because we don't know that. they did say, bears are concerned that the outsourcing payroll market is saturated and that's why you are focused on the ancillary businesses that you are hiring for. >> we just don't see it that way. even with low in business starts, there are 750,000 new businesses started every year. when you see that, half of our sales come from new businesses. once you get into the ecosystem, get on payroll, we can sell you all of the other products. we feel good about paychex. >> i have a couple businesses that i'm involved in where i use paychex. it's amazing, all of the other small business people that i talk to say, look, i don't want to hire anybody right now. i'm talking about somebody who's got some means, who wants to hire two or three people. i'm just stopping that. is that part of the problem?